Sacramento Condos
Sacramento Area Bank Owned (REO) Condos
Bank Owned Condominiums (REO) are foreclosures that have been taken back by the bank or lender. They are typically sold AS IS and in some complexes would require cash as FHA loans or Conventional loans could not be used due to complex statistics such as owner occupancy rates, HOA fee default rates or if the condo complex was approved for that type of financing. SacramentoCondos.com through its affiliation with eCurb Realty lists and sells REO bank owned condos through the Sacramento region. For out of state purchases of REO or bank owned condominiums, we highly recommend you visit www.NRBA.com (National REO Brokers Association) for a list of highly trained and experienced REO / Bank Owned brokers and agents. The market for Bank Owned or REO condominiums or homes in general is highly competitive for Buyers right now, being pre approved prior to looking is the 1st step to getting your offer accepted. Contact our office to start the process as early as possible before you want to start looking. Also check out our blog for updates on complexes and financing options.
